Brazil's Vale in Talks with State Governments on Royalty, Tax Payments

BR) is in talks with several states to resolve pending issues over royalties and tax payments, Chief Financial Officer Luciano Siani said Thursday. Speaking during a conference call with analysts, Mr. Siani said that "we are in advanced and broad

Brazil's Vale Evaluating Proposals for Oil, Natural Gas Assets

VALE, VALE5.BR) is still in the process of selling its oil and natural gas exploration assets, Chief Financial Officer Luciano Siani said Thursday. "We've already received proposals and are evaluating those proposals," Mr. Siani said during a

Brazil's Vale: Divestments Will Not Be 'Fire Sale' - CFO

it will sell as part of a planned divestment program, but the miner will not hold a "fire sale," Chief Financial Officer Luciano Siani said Thursday. Speaking during a conference call with analysts, Mr. Siani said Vale would explore the market to evaluate

Brazil's Vale: Credit Rating Suffers from Investment Plans

reductions in capital spending will turn the focus more toward the company's solid fundamentals, Chief Financial Officer Luciano Siani said Thursday. Speaking during a conference call with reporters, Mr. Siani said that "debt levels are not a concern

Brazil's Vale Reviews Investments Amid Global Slowdown

late Wednesday. The gloomy global outlook has forced Vale to take a "more conservative" approach, Chief Financial Officer Luciano Siani said during a conference call with analysts. "In 2012, we should see a peak in investments," Mr. Siani said

BHP Billiton Casts Doubt on Need for West African Iron Ore

has more clarity about royalties and the government's stake in the project, among other things. Chief Financial Officer Luciano Siani said that the time required to resolve the regulatory questions surrounding the project fits with Vale's current strategy

Italy disaster experts quit over quake trial

predictions that experts would be discouraged from working in Italy for fear of similar risks of prosecution. Commission President Luciano Maiani and two other members resigned, along with a top official for earthquake and volcano risk in the national Department

Peace Talks Negotiator Attacks Colombian Mining Firms

firms Thursday in the opening salvo of peace talks that could potentially end a half-century old civil war. The remarks by Luciano Marin Arango, known by his nom de guerre Ivan Marquez, were made at the beginning of a press conference in Oslo to kick-start

Survivors, captain hear Italian shipwreck evidence

told him I was on board the Costa Concordia. He stood up and we shook hands, as it is normal between two polite people," Luciano Castro, 48, who has published a book in Italy about the disaster, told The Associated Press. "I told him I hoped the truth

Luciano signs Chievo extension

Chievo forward Luciano has signed a new one- year contract with the club, it was announced ..... Inter Milan. "I am happy to continue my adventure with Chievo," Luciano told the club's website. "I still really want to make my contribution